Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Tax Rate of 64.86% for Q1 2026, up 5662.0% year-over-year from 1.13% in Q1 2025, and up 1201.35% quarter-over-quarter from 4.98% in Q4 2025.
Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Tax Rate for 15 consecutive years, with 64.86% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 5662.0% year-over-year to 64.86%; the TTM figure through Mar 2026 stood at 19.61% (up 443.0% YoY), while the FY2025 annual figure was 6.59%, down 628.0% from the prior year.
- Tax Rate grew to 64.86% in Q1 2026 per PAGP's latest filing, from 4.98% in the prior quarter.
- Across five years, Tax Rate topped out at 86.67% in Q4 2024 and bottomed at 0.44% in Q2 2025.
- Historically, Tax Rate has averaged 19.67% across 5 years, with a median of 10.17% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 7308 bps — and 2025, when it slumped 8168 bps.
- Plains Gp Holdings' Tax Rate stood at 58.12% in 2022, then tumbled by 77 bps to 13.59% in 2023, then surged by 538 bps to 86.67% in 2024, then tumbled by 94 bps to 4.98% in 2025, then soared by 1201 bps to 64.86% in 2026.
- Business Quant data shows PAGP's Tax Rate at 64.86% in Q1 2026, 4.98% in Q4 2025, and 6.55% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 5.85% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 23.62% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 0.18% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 9.13% |
| 10 | Plains Gp Holdings | 5.11 Bn | 4.05 Bn | 1.14 Bn | 55.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.73% |
| Jun 30, 2026 | 55.73% |
| Jun 30, 2026 | 55.73% |
| Mar 31, 2026 | 64.86% |
| Mar 31, 2026 | 64.86% |
| Mar 31, 2026 | 64.86% |
| Dec 31, 2025 | 4.98% |
| Dec 31, 2025 | 4.98% |
| Dec 31, 2025 | 4.98% |
| Sep 30, 2025 | 6.55% |
| Sep 30, 2025 | 6.55% |
| Sep 30, 2025 | 6.55% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Mar 31, 2025 | 8.25% |
| Mar 31, 2025 | 8.25% |
| Mar 31, 2025 | 8.25% |
| Dec 31, 2024 | 86.67% |
| Dec 31, 2024 | 86.67% |